Care to explain why? Not meaning to bash on you, just genuinely curious :p

AHHA moment, why you are so curious of him explaining that mining is the best investment place in bitcoin (only for him). Isn't that something the choice he and isn't a choice that cannot be contested..?? . OK, if you want to know the reason. But I think you will also understand the reason what would he say. Because the investment will certainly have the same goal and everyone is going to want to do it, so it is not something we should listen, better think of something to make us more things could quickly benefit rather than having to hear others

Care to explain why? Not meaning to bash on you, just genuinely curious :p

No need of explanation to newbie about mining or clud mining. I am sure it would lead to loss only. More over these mining schemes like ponzi schemes. Will see, if we can able to find the trusted schemes.

$40 per day makes it around $1200 per month. Well, I would use some of the money to pay for rent and live ($300). Then I have $900 left per month. I think I'll save them for around 5 years. Then I'll have approximately $54000 which is enough to buy a nice flat in my country. Then I'll save again, this time to gather money for my future kids' education or travelling (in my country you can sort of easily get a scholarship for studying, because it is socially orientated).

Care to explain why? Not meaning to bash on you, just genuinely curious :p

No need of explanation to newbie about mining or clud mining. I am sure it would lead to loss only. More over these mining schemes like ponzi schemes. Will see, if we can able to find the trusted schemes.

investments in mining or mining cloud would probably be a bad thing in the future. but, I think it would be a good experience. if I can have a lot every day, probably the best thing I would do is, investment in offline. Well, buying a house, or build a business is promising for the future.

40 dollars a day is a very high amount for me and I am only earning 4 dollars a day. If I am receiving that amount, I will just hold it for now and continue saving because they say doing that way is also investing... You can make a profit in selling it in the right time.

40 dollars a day is a very high amount for me and I am only earning 4 dollars a day. If I am receiving that amount, I will just hold it for now and continue saving because they say doing that way is also investing... You can make a profit in selling it in the right time.

That's true, just think about those who keep their coins during the drop last January, for sure they will have a good profit now and how about those who keep their coins since the last halving? for sure they are now rich with just holding their coins.

If OP has no experience in trading, I suggest that he atleast invest few dollars in altcoin and try it if he could master how altcoins price move. But if he is an experienced trader, no need to worry, he can use half of his coins in trading.

Imagine you had a daily income of 40$ each day in bitcoin, what would do with them and where would you invest them ?

If I had daily $40-$50 dollar than I would start my own online gaming website so user could play addictive games for some Bitcoin and entertain online.

I could not get what would be the advantage to start a gambling site when you are having some regular income on daily basis whereas starting a gambling site with the very big initial investment ? I mean to say starting a gambling site needs initial capital rather than small regular income.

If I get regular income on daily basis, I will start a lending business as it does not require initial big investments.

Imagine you had a daily income of 40$ each day in bitcoin, what would do with them and where would you invest them ?

If I had daily $40-$50 dollar than I would start my own online gaming website so user could play addictive games for some Bitcoin and entertain online.

I could not get what would be the advantage to start a gambling site when you are having some regular income on daily basis whereas starting a gambling site with the very big initial investment ? I mean to say starting a gambling site needs initial capital rather than small regular income.

If I get regular income on daily basis, I will start a lending business as it does not require initial big investments.

Think it as business, a good gambling site can earn more than 40$ a day, for me it is a good business, lending business is full of risk, and how can you say it doesnt need big investment, how if 10 people want to lend some coin and each of them need 1BTC, i think opening gambling site is a better idea

Imagine you had a daily income of 40$ each day in bitcoin, what would do with them and where would you invest them ?

If I had daily $40-$50 dollar than I would start my own online gaming website so user could play addictive games for some Bitcoin and entertain online.

I could not get what would be the advantage to start a gambling site when you are having some regular income on daily basis whereas starting a gambling site with the very big initial investment ? I mean to say starting a gambling site needs initial capital rather than small regular income.

If I get regular income on daily basis, I will start a lending business as it does not require initial big investments.

Think it as business, a good gambling site can earn more than 40$ a day, for me it is a good business, lending business is full of risk, and how can you say it doesnt need big investment, how if 10 people want to lend some coin and each of them need 1BTC, i think opening gambling site is a better idea

Lending is not a good idea since you can't make sure that the person who are borrowing money or bitcoin from you is a legit but you can less the risk of getting scam by requesting a collateral and make sure that the collateral is the same of the amount to be borrow so you don't need to panic if the borrower will run from you because you have the collateral which you can exchange for the same amount by selling it. Starting a gambling site is one of the in demand online business since there is a lot of gamblers out there and most of them are addict on gambling, You can earn big amount of money every day .

Earning about $ 40 per day I think it will invest some of that income investments in some places and some stored as reserve currency. Probably about 80% for investment and 20% is stored, although not much but someday it will be useful.

For investments can be made through trading, be it trading Bitcoin and Altcoin.

Until now the bitcoin is experiencing a continuing increase on its price and if i had an income for $40 a day, i will buy bitcoins and save it until it reach the highest price level.

Yeah bitcoin is still continue to increase now but we do not know until when but if you can trade it much better. Buy when it cheap and sell it high price bitcoin is already investment itself its depends on you how you will work for it.

Until now the bitcoin is experiencing a continuing increase on its price and if i had an income for $40 a day, i will buy bitcoins and save it until it reach the highest price level.

Yeah bitcoin is still continue to increase now but we do not know until when but if you can trade it much better. Buy when it cheap and sell it high price bitcoin is already investment itself its depends on you how you will work for it.

Buying now is not a good choice as the price is considered still on its high peak. And if I also do have that amount of income daily, I will just simply keep on saving that and wait for the right time to buy bitcoins and that is when the price of bitcoin is going to be lower enough. But right now, I don't think that buying is going to be a wise decision.

Until now the bitcoin is experiencing a continuing increase on its price and if i had an income for $40 a day, i will buy bitcoins and save it until it reach the highest price level.

Yeah bitcoin is still continue to increase now but we do not know until when but if you can trade it much better. Buy when it cheap and sell it high price bitcoin is already investment itself its depends on you how you will work for it.

Buying now is not a good choice as the price is considered still on its high peak. And if I also do have that amount of income daily, I will just simply keep on saving that and wait for the right time to buy bitcoins and that is when the price of bitcoin is going to be lower enough. But right now, I don't think that buying is going to be a wise decision.

I totally agree with you its not a good idea to buy bitcoin as of todays price because its really high to do such thing.Saving money and patience would really be useful in future investments and earning 40$ per day is consider a good amount for me and I could able to make future investments with that amount.

Until now the bitcoin is experiencing a continuing increase on its price and if i had an income for $40 a day, i will buy bitcoins and save it until it reach the highest price level.

Yeah bitcoin is still continue to increase now but we do not know until when but if you can trade it much better. Buy when it cheap and sell it high price bitcoin is already investment itself its depends on you how you will work for it.

Buying now is not a good choice as the price is considered still on its high peak. And if I also do have that amount of income daily, I will just simply keep on saving that and wait for the right time to buy bitcoins and that is when the price of bitcoin is going to be lower enough. But right now, I don't think that buying is going to be a wise decision.

I totally agree with you its not a good idea to buy bitcoin as of todays price because its really high to do such thing.Saving money and patience would really be useful in future investments and earning 40$ per day is consider a good amount for me and I could able to make future investments with that amount.

And if you are not that going to be patient with that $40/day still it is better to save that for some other things since it is holidays. Why not give myself some relaxation and time to unwind since the profit I got everyday that is good enough. Remember that you need to give time to yourself also and that's also a good investment to make yourself motivated.